Dolby Laboratories (DLB) executive compensation, 2025 proxy

Kevin Yeaman, President and Chief Executive Officer, was paid $10.2M in fiscal 2025, up 5% from $9.7M the year before. The CEO-to-median-employee pay ratio was 59:1, on median employee pay of $172,377.

Filed
December 16, 2025
Annual meeting
February 3, 2026
Pay year
fiscal 2025
Named executives
5
CEO total pay
$10.2M+5% vs prior year
CEO to median employee
59:1median $172,377
CEO pay in equity
82%$8.3M in awards
Prior say-on-pay support
99%of votes cast
Total Revenue
$1.35B6.3% increase over fiscal 2024
Non-GAAP Net Income
$413.5M12.1% increase over fiscal 2024
CEO Base Salary
$950,000Maintained at prior year level
Bonus Payout Multiplier
94%Based on financial achievements

How Yeaman was paid

$10.2M in total for fiscal 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary9%Stock awards61%Option awards20%Non-equity incentive9%All other compensation0%

Named executive officers

ExecutiveTotal
Kevin YeamanPresident and Chief Executive Officer$10,193,397
Robert ParkSenior Vice President and Chief Financial Officer$3,620,627
Andy ShermanExecutive Vice President, General Counsel and Corporate Secretary$4,044,164
John CoulingSenior Vice President, Entertainment$4,130,882
Shriram RevankarSenior Vice President, Advanced Technology Group$3,688,289

What changed and why

  • $10.2MKevin Yeaman received total compensation of $10,193,397 in fiscal 2025, an increase from $9,678,964 in fiscal 2024.
  • $1.35BTotal revenue reached $1.35 billion for fiscal 2025, representing a 6.3% increase over fiscal 2024.
  • $413.5MNon-GAAP net income grew 12.1% to $413.5 million compared to $369.0 million in fiscal 2024.
  • 94%Annual incentive payouts were earned at 94% of target based on revenue and operating income achievements.
  • 99%Stockholders approved the previous say-on-pay proposal with approximately 99% support at the 2025 annual meeting.

About this page

Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.